Institutional Quality and Tax Revenue in Côte d’Ivoire: Evidence from ARDL Approach

<p>In this paper, we examine the main determinants of tax revenues in Côte d’Ivoire, paying attention to institutional factors and the informal economy. To do this, we apply the autoregressive distributed lag model developed by Pesaran et al. (2001) on annual data covering the period 1984-2016...

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Main Author: Siongofolo Seydou Soro
Format: Article
Language:English
Published: EconJournals 2020-11-01
Series:International Journal of Economics and Financial Issues
Online Access:https://econjournals.com/index.php/ijefi/article/view/10363
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spelling doaj-38e35d8512ff456d9e7f65ac536dff1d2020-11-25T04:09:13ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382020-11-0110640494919Institutional Quality and Tax Revenue in Côte d’Ivoire: Evidence from ARDL ApproachSiongofolo Seydou Soro0University Alassane Ouattara<p>In this paper, we examine the main determinants of tax revenues in Côte d’Ivoire, paying attention to institutional factors and the informal economy. To do this, we apply the autoregressive distributed lag model developed by Pesaran et al. (2001) on annual data covering the period 1984-2016. The results show that the low quality of institutions and the high share of the informal economy are among the factors explaining the low mobilization of tax revenues in Côte d’Ivoire. The results also reveal that GDP per capita, official development assistance, the share of services in GDP, the distribution of income within the population and the education level of the population positively affect tax revenues. On the other hand, trade openness negatively affects tax revenues. Based on these results, the paper provides several recommendations that can help improve tax revenues in Côte d’Ivoire.</p><p><strong>Keywords:</strong> Tax revenue, Institutional quality, Informal economy, Cointegration, Côte d´Ivoire.</p><p><strong>JEL Classifications</strong>: H2, O17</p><p>DOI: <a href="https://doi.org/10.32479/ijefi.10363">https://doi.org/10.32479/ijefi.10363</a></p>https://econjournals.com/index.php/ijefi/article/view/10363
collection DOAJ
language English
format Article
sources DOAJ
author Siongofolo Seydou Soro
spellingShingle Siongofolo Seydou Soro
Institutional Quality and Tax Revenue in Côte d’Ivoire: Evidence from ARDL Approach
International Journal of Economics and Financial Issues
author_facet Siongofolo Seydou Soro
author_sort Siongofolo Seydou Soro
title Institutional Quality and Tax Revenue in Côte d’Ivoire: Evidence from ARDL Approach
title_short Institutional Quality and Tax Revenue in Côte d’Ivoire: Evidence from ARDL Approach
title_full Institutional Quality and Tax Revenue in Côte d’Ivoire: Evidence from ARDL Approach
title_fullStr Institutional Quality and Tax Revenue in Côte d’Ivoire: Evidence from ARDL Approach
title_full_unstemmed Institutional Quality and Tax Revenue in Côte d’Ivoire: Evidence from ARDL Approach
title_sort institutional quality and tax revenue in côte d’ivoire: evidence from ardl approach
publisher EconJournals
series International Journal of Economics and Financial Issues
issn 2146-4138
publishDate 2020-11-01
description <p>In this paper, we examine the main determinants of tax revenues in Côte d’Ivoire, paying attention to institutional factors and the informal economy. To do this, we apply the autoregressive distributed lag model developed by Pesaran et al. (2001) on annual data covering the period 1984-2016. The results show that the low quality of institutions and the high share of the informal economy are among the factors explaining the low mobilization of tax revenues in Côte d’Ivoire. The results also reveal that GDP per capita, official development assistance, the share of services in GDP, the distribution of income within the population and the education level of the population positively affect tax revenues. On the other hand, trade openness negatively affects tax revenues. Based on these results, the paper provides several recommendations that can help improve tax revenues in Côte d’Ivoire.</p><p><strong>Keywords:</strong> Tax revenue, Institutional quality, Informal economy, Cointegration, Côte d´Ivoire.</p><p><strong>JEL Classifications</strong>: H2, O17</p><p>DOI: <a href="https://doi.org/10.32479/ijefi.10363">https://doi.org/10.32479/ijefi.10363</a></p>
url https://econjournals.com/index.php/ijefi/article/view/10363
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